philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Beaver Bay Club

Not tax-deductible

Hillman, MN501(c)(7)Mutual / membership EIN 41-0142780Revenue $257K in FY2025Latest return filed Apr 11, 2026

On file with the IRSHillman, MNTax-exempt since Sep 1926

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $300 a year.

How does your 990 look to donors? Take the 10-Question Audit

The organization,s mission is to provide recreational facilites for it's members. It presently owns some land and a lodge adjacent to Lake Superior that provides these activities.

501(c)(7) social or recreational club; gifts are not tax-deductible as charitable contributions.
100¢ of each $1 spent went to programs.
Run by 14 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(7)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $41K a year · 19% of revenue · last 6 filings
A surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
100% of spending went to programs.
Pt IX · Ln 25 · col B
Cash reserves
2.0 mo
of spending, in cash
2.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$225K
19% of total assets
Liabilities are 19% of assets.
Pt X · Ln 26
Independent board members
6
of 6 voting members
6 of 6 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$257K
+17% vs prior year
Spent
$208K
To programs
100%
Net assets
$972K
By yearFY2020–FY2025
Revenue
$257K
FY2025▲ +17%
Tap a bar for its year
Revenue by fiscal year
FY2020$160K
FY2021$183K
FY2022$254K
FY2023$216K
FY2024$219K
FY2025$257K
Expenses
$208K
FY2025▲ +31%
Tap a bar for its year
Expenses by fiscal year
FY2020$179K
FY2021$169K
FY2022$169K
FY2023$158K
FY2024$159K
FY2025$208K
Net assets
$972K
FY2025▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$668K
FY2021$682K
FY2022$804K
FY2023$863K
FY2024$923K
FY2025$972K

From the FY2025 Form 990 (year ending November 2025) · see the original

990 PDF Support Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1926.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $208K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

6 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Clifton Hull
President
$0Pt VII · Sec A
Brian Palmer
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Jim Wyman
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Beaver Bay Club executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers recreational facilities and a lakeside lodge for members.

Questions for Beaver Bay Club

Tap to ask. Beaver Bay Club sees how many people are interested.

Your first name shows with your question. Beaver Bay Club answers here, for everyone.

1 program · $208K · in their own filed words · FY2024
01

The organization maintains a Lodge and Dining Facilities for its members.

$208Kprogram expense

By the numbers

The FY2025 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$257K
Ln 12
Gifts and grantsLn 1h$250K
Other incomeLn 4–11$7K
Investment incomeLn 3$36
Money outPt IX
$208K
Ln 25
Programscol B$208K
Owns and owesPt X
$972K
net assets · Ln 32
Cash and savingsLn 1–2$34K
Total assetsLn 16$1.2M
LiabilitiesLn 26$225K
PeoplePt VI, VII
6
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$250K
Investment incomeLn 3$36
Other incomeLn 4–11$7K
Total revenueLn 12$257K
Assets in detailPt X, end of year
CashLn 1$34K
Cash and savings togetherLn 1–2$34K
Accounts receivableLn 4$5K
Land, buildings, equipmentLn 10c$1.2M
Total assetsLn 16$1.2M
LiabilitiesLn 26$225K
Net assetsLn 32$972K
OperationsPt I, VI
EmployeesI 55
VolunteersI 614
Fiscal year endsHeaderNovember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$54K$34K
Land, buildings, equipmentLn 10c$1.1M$1.2M
Total assetsLn 16$1.2M$1.2M
LiabilitiesLn 26$258K$225K
Net assetsLn 32$923K$972K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$56K$56K
Payroll taxesLn 10$11K$11K
Accounting feesLn 11c$8K$8K
Advertising and promotionLn 12$819$819
Office expensesLn 13$1K$1K
OccupancyLn 16$104K$104K
Conferences, conventions and meetingsLn 19$323$323
InterestLn 20$8K$8K
InsuranceLn 23$14K$14K
Other expenses (24a–d)Ln 24$6K$6K
Total functional expensesLn 25$208K$208K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Apr 11, 2026 $257K$208K$49K$972K 990 PDF
FY2024Filed with the IRS Feb 10, 2025 $219K$159K$60K$923K 990 PDF
FY2023Filed with the IRS Feb 19, 2024 $216K$158K$59K$863K 990 PDF
FY2022Filed with the IRS Jan 23, 2023 $254K$169K$85K$804K 990 PDF
FY2021Filed with the IRS Jan 31, 2022 $183K$169K$14K$682K 990 PDF
FY2020Filed with the IRS Feb 12, 2021 $160K$179K−$19K$668K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2025 990
Part I · Summary $257,193 revenue, 12 lines filed
I-8 Contributions and grants$249,774
I-9 Program service revenue$0
I-10 Investment income$36
I-11 Other revenue$7,383
I-12 Total revenue$257,193
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$66,876
I-16a Professional fundraising fees$0
I-17 Other expenses$141,099
I-18 Total expenses$207,975
I-19 Revenue less expenses$49,218
Part VI · Governance 6 of 6 board members independent, 4 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $257,193 across 5 lines filed
Lines not itemized here account for $7,383 of total revenue; see the IRS return.
VIII-1b Membership dues$249,774
VIII-1h Total contributions, gifts and grants$249,774
VIII-3 Investment incomeRelated to mission $36$36
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $7,419 · Unrelated business $0 · Excluded from tax $0$257,193
Part IX · Statement of functional expenses $207,975 across 10 lines filed
IX-7 Other salaries and wagesPrograms $56,146$56,146
IX-10 Payroll taxesPrograms $10,730$10,730
IX-11c Accounting feesPrograms $7,645$7,645
IX-12 Advertising and promotionPrograms $819$819
IX-13 Office expensesPrograms $1,210$1,210
IX-16 OccupancyPrograms $103,564$103,564
IX-19 Conferences, conventions and meetingsPrograms $323$323
IX-20 InterestPrograms $7,951$7,951
IX-23 InsurancePrograms $14,060$14,060
IX-24 Other expenses (24a–d)Programs $5,527$5,527
IX-25 Total functional expensesPrograms $207,975 · Management $0 · Fundraising $0$207,975
Part X · Balance sheet $1,196,718 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $53,728$34,098
X-4 Accounts receivableStart of year $18,826$4,806
X-10c Land, buildings and equipment, netStart of year $1,108,119$1,157,814
X-16 Total assetsStart of year $1,180,673$1,196,718
X-17 Accounts payable and accrued expensesStart of year $1,134$1,140
X-23 Secured mortgages and notes payableStart of year $256,814$223,635
X-26 Total liabilitiesStart of year $257,948$224,775
X-31 Retained earnings or endowmentStart of year $922,725$971,943
X-32 Total net assets or fund balancesStart of year $922,725$971,943
X-33 Total liabilities and net assetsStart of year $1,180,673$1,196,718
Part XI · Reconciliation of net assets $971,943 net assets at year end
XI-1 Total revenue$257,193
XI-2 Total expenses$207,975
XI-3 Revenue less expenses$49,218
XI-4 Net assets at start of year$922,725
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$971,943

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.